Capex, page-56

I have just recently spoken to one of the company officials regarding the prospects of FGR as I really like it.I think the problem revolves around a number of uncertanties in terms of short term timing,not in the longer term.I am sure a lot of learned posters here have more insight into the company than me but the impression I got was than the optimisation process with the bulk sample still needed to be tweaked and the mining operation has not been fully planned.The off take agreements would also be held up until there was more certainty with the earlier steps.
Anyway I was not convinced that it was a necessity to buy straight away...it was at 12.5 when I enquired...but who knows it may go up in a straight and I may regret it